Quote from: Joy- maker on Today at 10:21:12 AM

Quote from: asarfiar on December 13, 2024, 09:18:37 AM

In the context of the discussion over time, we have seen that Bitcoin has created a stir all over the world by crossing its $100k mark in a very short time. We can express this coming by imitating this potential of Bitcoin. In the near future, those who are constantly running the savings process and are trying to hold it for a long time are likely to be rewarded with a big whale. If we can continue the Bitcoin investment process continuously with patience, although it is difficult, I think that keeping this investment service for a long time will bring financial prosperity.

It is very important for us to have a specific savings fund to invest constantly because this fund can provide you with financial services in your most critical moments and will act as a protection for holding Bitcoin for a long time.

there is no doubt about long term investment in bitcoin can bring financial prosperity.
That is not my area of concentration, where you said one should set aside a fix amount that he or she we use for long term investment is my focus, let me correct you on that, because their is no how anybody can set aside a fix amount of money to invest in bitcoin not in this hard economy what you should be introducing is the DCA strategy where someone can buy their bitcoin on a weekly or on a monthly basis for smooth and easy running of your bitcoin investment for long term.

Prosperity will really be that depending on how much you had invested to Bitcoin. Lets say that you have planned out on holding or accumulating Bitcoin but you are already that putting up a small amount then there's no way that you can feel up the profits even if we do say that Bitcoin will be making x10 of its current price now. Im not saying that its not worth on investing on it and holding up for long term but if we do talk practically or in the right way then we can say that profitability will be less and this is the main reason on why other people or investors will really be that wanting or loving to deal up with altcoins or with low caps because they've seen that the potential profitability that they can get is much higher in comparing with Bitcoin. In overall i dont really make up that discouragement about investing into it, it is really just that profit wise then it will be basically showing up that it is really that ideal on going into other options on which you can be able to utilize or something that more would really be worth than with Bitcoin holding or investment for long time period.